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about florida with 29 electoral votes, and north carolina with 15. you add those together to the base states that mitt romney has. that only makes 235 electoral votes. president obama with 303. that doesn't mean mitt romney cannot win. he's very close in some other states. in colorado, for example, in new hampshire, he -- but he's going to have to make up a lot of ground in a lot of places to get there and the last swing state polls we showed showed six. point lead in ohio. two-point lead for the president in florida. one-point lead in virginia. big hill for mitt romney to claim clitomorrow night. >>> let's go to the finance.yahoo.com poll. the aftermath from sandy. do you think the pace of the recovery will help or hurt either candidate? go to vote at finance.yahoo.com. josh, do you think at this point the voters especially in our north carolina of the woods will use this storm as an issue as they cast their ballots or not? >> it is certainly going to be a matter of consequence but the real important question here is turnout. how many voters are actually going to come out. what we've
and it will develop across the south. of course, florida is the big deal here. you can see with our developing storm off the carolina coast we're expecting showers. and thunderstorms over florida. plus we may even see a little bit more rain than what we have here across southern virginia, north carolina, especially later on in the day. this is going to make a fast transition up the east coast, as we get in towards wednesday. temperatures won't be incredibly cold in the south. as a matter of fact, 50s, 60s, 70s, whether you're in the rain or not will be even slate. here's the timing on wednesday, getting into more of the storm because really tuesday's issues are going to be virginia and florida in terms of how the weather's going to impact. but florida, of course, will be out of that on wednesday. but virginia, you'll be in this. parts of new jersey. notice here, we will bring all this rain, all the way up into new england as well. and this will be heavy wind-swept rain. those areas trying to get power back on may have to deal with rain. one of the new things we're looking at here with these models i
projected off to the northeast of minneapolis. we'll take you a little bit further south, of course florida one of our swing states. and getting messier by the minute across sections of north florida and you can clearly see that that rainfall will make impacts for many of you across sections of the southeast including georgia and into the carolinas. some showery weather also for those of you in the northwest. in terms of tracking the storm system, the nor'easter that we've been talking about, this has clearly been on everyone's mind and we know how important it is to folks who want to get the latest details. once that storm system which is bringing the rain that we just showed you across the southeast begins to lift upward, we are anticipating those impacts to begin wednesday into thursday. and then thursday into thursday night, we will see some wet and wintry weather continuing, but the latest model runs are trending the system a little bit further offshore. back to you. >> thanks, danielle. it is now a sprint to the white house this morning. investors are waiting for a level of uncertaint
a lead in the real clear politics average of polls. that's north carolina and florida. all the others, iowa, colorado, new hampshire, ohio, the rest of that set of battle ground states are all leading for obama. now, many of them are close, but if mitt romney only carries florida and north carolina among those battleground states, he's only 235 electoral votes. what he has to do is put together in this final sprint victories in states like virginia, like in ohio, like wisconsin, like colorado. that's the way he could get to 270 electoral votes. we'll see whether the two candidates turn out machines produce the way they have hoped they will. and i talked to someone in the romney campaign today who said the polls have simply not captured the republican intensity. we'll find out tomorrow whether that intensity is actually superior to the democrats. >>. >> thank you. candidates battling it out into the final hour, for sure. what is wall street expecting to see from president romney versus candidate romney? will he be harder on china? a lot of questions. >> mike satolli from yahoo! finance
developments planned or under construction for condos in south florida. >> even with all that overhang and in 2007 there were 35,000 unsold developer units in the downtown area alone. >> so markets can work. >> that's the great thing. >> the free market worked very well. >> let me ask you one more thing. tell me about pricing. i want both of you to tell me about pricing because some of the numbers are interesting and prices are up and in some of these report, 8%, 12% from a year ago, but still, a continue% move is a 10% move. are you seeing that in south florida? >> in south florida, condos went up 28% from a year ago and we're seeing that in washington, d.c., and the markets are strong and it's another market we're operating in and what we're having difficulty with is las vegas and the major market for the company and las vegas is having a lot of difficulty. >> you're national and international, what's the hottest place right now? >> i think new york, as always, miami, very hot. >> i agree with don. miami is so hot and buildings like the one he built is amazing. >> are these people co
and maybe florida depends on the poll. i urge everyone to go out and vote in new jersey. very difficult. largest polling place in our town closed. no power. people have to recognize that the adversity of a lot of people trying to vote today shows you that democracy is trying to be at work. not as easy as you thought. >> i have always said voting is messy. we do it better than just about anybody else. >> north korea has the 99%. everybody seems to turn out. >> regardless of whether the lights or off or not. >> another call today from deutsche bank saying that there's a rally if obama wins and a rally if romney wins going into year end. depends if you look at 1450 or 1500. >> some have said there's a bond market rally for one and stock market rally for other. bond market for obama. easy money so to speak continuing. one of the key questions people come back to is it possible if romney wins and replace him prior to that in some fashion. what we can expect. we'll sit here tomorrow and know who the president is. you talk about uncertainty. that would be a blow if we sit here tomorrow and don
a lot of that fema smending. th spending. then into florida where there's a lot of social security spending. same think along the gulf coast. zoom in on one louisiana county in here, there's a u.s. penitentiary there. a lot of federal spending. up through here, farm subsidies, drought relief. all kinds of things. out in arizona, retirees and other -- all the way up there in the state of washington. i understand we've got somebody coming from that state, a big naval base. that's going to show up big and make it red. what the pew center on the states did, they divided it up, said what federal spending is a% of gdp. maryland, virginia, district of columbia comes up the highest. fairly evenly split between defense and non-defense cuts. hawaii 16%. the bulk is defense spending. you come down here to alabama where there is a lot of defense spending as well. colorado and georgia would round out the top ten list. another way to look at impact of federal cuts is not just spending but what about jobs. some surprising states show up. texas is a red state but they have a lot of federal jobs as
to "squawk box" this morning, the race in the battleground state of florida lived up to its billing. that presidential contest is still too close to call. but mary thompson is there. and maybe she's not going to call it for us, but can give us more information on where we are. mary? >> reporter: no, i'm not going to call it, andrew. might not be until this afternoon or possibly 9 to 12 days from now before we know the outcome of the florida vote here. the vote count was called off late last night. miami-dade, which is one of the most populous counties here in florida said it would continue the vote count today. hanging in the balance, 29 electoral votes. but, again, at this point may make little difference. this is where we stand as far as the vote count goes with president obama showing a slight lead over governor romney according to the florida division of elections. now, even if the final results are submitted today, if there is a margin of victory of less than .5%, here in florida, that triggers an automatic vote recount. that has to be completed either after nine days after the
latino areas that did not get polled including florida and just saying one party figured it out. the other party didn't. >> if you look at individual stocks and sectors, yesterday you got at the point where you go by sector and not risk on, risk off broader mark. we see that here. financials are seeing softness in pre-market. coal stocks seeing softness. there is a notion that now there will be more reimbursement for patients who previously couldn't pay for their care and so that will be a huge tail wind for these stocks which goes to buy from neutral this morning. >> a couple guys piled on hca. i do feel that you're supposed to sell the medical devices because there's a tax on them. things are playing out the way we would expect. i do think that the market is not understanding the power of what bernanke is doing in housing because you would get the firing of bernanke very quickly, okay, and you're not going to get that now. he's obviously contributed. the rates are down any way. i just think that if you bought bank of america because you thought romney was going to win and that
a -- >> sorry to interrupt you. that's our first opportunity to see mr. martoma who has been living in florida of course as we know as he enters the court. continue, judge. >> the government will put together matching phone calls to particular trades and also look at speed of which trades take place and when they take place that will be part of the circumstantial evidence that will be used to ask the jury to infer that the defendant, mr. martoma, and others were acting with criminal intent. >> we had you on to talk about the gupta trial and now this one. we'll come back time and time again. is the hurdle for either side significantly higher or lower than in the case like gupta? >> in this case, in mr. mart yo appear there are any recordings. it will be a different play. >> just finally, judge, what is now the landscape of federal investigations into the financial services industry? what does this case tell us about where we are now? >> well, it underscores how broad the investigation is and some indication of how broad the problem might be. it's a whole different sphere, if you will, it's no l
, in these kind of situations, and we've seen it a lot in florida. we've seen it a lot in texas. two products the red cross always comes to us for is bleach because it can disinfect water quickly and clean it up. the second is trash bags. >> so the jobs report, what about that, donald? better than expected. how do you see the jobs story today? >> well, certainly getting better. as i said, ting parallels for us the category trends we're seeing. the jobs continue to build a bit. we're seeing the categories in the united states don't recover. obviously, with 70% of the economy driven by consumer spending, as people feel more competent about getting a job or keeping their own job, we think obviously that will drive consumer confidence up. we certainly saw consumer confidence this week better than we've seen it in the last 4 1/2 years. i think the big concern we all have is the fiscal cliff and the impact that could have on demand. >> has it held you back? so many ceos come on the program and say, look, we're not going to make any decisions in terms of adding new heads to the payroll. we're not go
? former new york governor george ptatki will join us on that. >> as we go to the break, people in florida waiting in long lines to cast their vote in what is always an important swing state. we're back after this. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which
to just $1,000. along the eastern seaboard that's a lot of fema. fema will take an 8% hit. in florida, a lot of social security spending. up here you have the risk management association -- sorry, agency, from department of agriculture. crop subsidy and drought relief comes through here. education, public assistance. the whole spectrum, pretty much, are subject to 8% cuts. let's take a look by state when we look at the total count here. this is from the pew research center. we find maryland, virginia, d.c., 20%. that's evenly split between the green, nondefense, and the blue, which is defense spending. hawaii, 16%. almost all of it is defense spending. places like kentucky and alabama. a lot of this is defense spending. a lot of these, by the way, are red states and they'll get hit. incentive for them to come to the table. one more way to look at this is federal jobs. this is by state. a red state, texas, a lot of federal jobs. a blue state, california, a lot of federal jobs. california is a state with high unemployment rate, over 10%. you can see there, virginia as well. texas with a
vegas, parts of california, and even in florida. another concern is that prices overall are rising faster than income growth and that does not bode well for non-investors either. this phenomenon is playing out largely in those formerly very hot markets that crash the hardest. there are still some great deals for investors in places like chicago, atlanta, even right here in d.c. before you take me off, i got one thing. someone wrote in to the blog today really right down the line of what we're saying. he says people are buying homes out here in new orleans stupid fast. but the problem is they're investors and they're renting them all out. >> very good point. diana, thanks. good to see you. ty, down to you. >>> the german parliament approved a new bailout package for greece. meanwhile, unemployment hits a record high in the eurozone but european central bank chief mario draghi expects the economy to recover in that area in the latter half of next year. so what's ahead for debt stricken greece and the eurozone members? joining me here at the new york stock exchange, constantine mikalo
-47. look at the state of florida. one that mitt romney is counting on as a lynchpin of the base. 29 electoral votes. president obama up among likely voters 49-47. in ohio, the state most look at as the potential tipping point. president obama has a six-point lead. he's gone hard on the auto bailout and hitting mitt romney. that's a point of contention. because ohio has been such a tough nut for the romney campaign to crack, that's a reason they are making a late play into pennsylvania. it depends on turnout organization, especially the composition of the electorate. what portion of white voters versus hispanics. definitely a lower level of intensity and young people. barack obama dominates among young people. mitt romney among seniors who are more motivated to vote. how much will that carry the day? we'll find out tomorrow. >> if you're looking for an early tell tomorrow, if you could only look at one state early on, virginia. if it's decisive either way does that suggest the rest of the night collapses in that direction? >> almost in any of the battleground states other than ohio w
-- in the saks call they talked about another zip code store in florida where there's a whole floor of shoes. what we could do is we would take a winter break together and visit that zip code opposed to the zip code of -- >> if we're going down there, i might do it. i might do it. warmer weather you can show off your legs so that's nice too. >> okay. maybe we go to tampa bay. see what they have. >> i hear all of the action is in tampa. >> south beach. if you're going to do it, do it. >> you should do it up. >> the journal takes a crack at icahn versus hastings today as we keep an eye on take two where the action is getting hotter for carl. >> a blog post yesterday that they hired some time ago. listen, carl, i can tell you what i know. carl's calling people trying to get meetings with potential buyers for netflix. i spoke to people that will probably meet with carl. they have very little if no interest in actually buying it but everyone will go see carl because it's nothing if not entertaining. maybe you have a couple martinis, you relax, you talk, you get to heardom on things. we'll see wha
whether on the gulf coast, florida and unfortunately in the metropolitan area in new york. the supply siders are doing everything they know how to do. so you broaden utility crews from across the country, trying to get electricity restored, the oil companies are doing everything they can do within the limits of safety, and regulation to get supply out to the public. we also have to do something different on the demand management side. what's happening is that the demand side is descending into chaos and you see it in the gas lines. this could get to gunfire if it continues in the way it's going now. my recommendation is for the governors of new jersey, new york and connecticut, come together, go to an odd/even rationing plan, cut the demand in half every day by going to odd/even rationing. >> based on your driver's license or based on the -- >> based on the license plate. >> like we did back in the '70s. >> exactly. so you've cut the demand in half by definition of what numbers on your car license plate. take care of the service providers, taxi cabs, i will mow drivers, other service
state can't pull gdp up after pushing it down. what we saw in 1992 in florida with andrew was that it did pull up the gdp. the rebuild did. this is a similar rebuild although there will be tremendous tension. those of house have property down there who submitted our bills to the insurance companies, how much of it was water damage? well, a lot of it. nice to know you. it's good. i hope you don't have mold down there. >> if it got flooded, you should hope a tree fell on top. >> the insurance companies are telling you to read fine print. fine print is very bad. >> when we come back, taking a bite out of apple in bear territory after a slight gain on friday and stock up in premarket. is it finally the time to buy? you might remember david shulman now with ucla forecast. he says why you should brace. nice rallies given that dow in the past four of six weeks have been down more than 200 points. more "squawk on the street" is back in a minute. >> take a look where we are set to open here up 112 points on the dow jones industrial average. a little bit of optimism this morning as
was arrested by the fbi at his florida home this morning. he allegedly got inside information about an alzheimer's drug on trial in 2006 and 2007 being conducted jointly and he passed on that information to said hedge fund resulting in the ill gotten gains and in the process committed securities fraud among other accusations. we'll bring you more details as we have in this news just out this morning and there's a press conference later today at about 12:30. we'll bring you details. >> all right. already a busy month. thank you for that. we'll see you later on today. >>> big box retailer best buy reporting weaker than expected numbers just days before the unexpected start to the holiday season. for how much longer will it cut into profits? you won't want to miss what meg whitman has to say about that quarter and the autonomy write off at 10:40 eastern time. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new gl
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